[4ow4ow]

All trading tips would be put on this quote:

by Steve Sjuggerud

An attempt at making a quick buck often leads to losing much of that buck.
*The people who suffer the worst losses are those who over-reach.
*If the investment sounds too good to be true, it is.
*The best hot tip I've found is "there is no such thing as a hot tip."

Don't let a small loss turn into a large one.
*Don't keep losing money just to "prove you are right." Nobody cares.
*Never throw good money after bad (don't buy more of a loser).
*When all you're left with is hope, get out.

Cut your loser, and let your winner ride.
*Avoid limited upside, unlimited downside investments.
*Don't fall in love with your investment; it won't fall in love with you.

A rising tide raises all ships and vice versa. So assess the tide, not the ships.
*Fighting the prevailing "trend" is generally a recipe for disaster.
*Stocks will fall more than you think and rise higher than you can imagine.
*In the short run, values don't matter.

When a stock hits a new high, it's not time to sell. Something is going right.
*When a stock hits a new low, it's not time to buy. Something is going wrong.

Buy and hold doesn't ALWAYS work.
*If stocks in general don't seem cheap, stand aside.

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by Van K. Tharp Ph.D.
1. Invest by the current trend with the market.
2. Never Enter A Position in the Market Without Knowing Where You Will Get Out.
3. Never Expose More Than 1% of Your Portfolio In Any Given Position.
4. Continually observe yourself and notice your patterns. Self-awareness of your patterns, habits, and emotions is the key to improvement.
5. Take responsibility for everything that happens to you.